Invest BNP BARIBAS LONG TERM EQUITY Fund
A ELSS Tax Saver Fund
This fund has in recent years shrugged off its anaemic initial performance with the help of its current fund manager. Although far from setting the pace in its category, it has delivered decent out performance. It adopts a flexi-cap approach, while maintaining a bias towards large-caps.
The portfolio construction is benchmark agnostic and only moderately diversified, with the fund manager preferring to give meaningful exposure to his high conviction picks.
Although its long-term track record is not particularly appealing, its recent performance suggests that it is on the turnaround path. Currently, there are more proven funds in this category with a better risk-reward profile, but investors should monitor this fund's performance.
Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to Invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. ICICI Prudential Long Term Equity Fund
5. Invesco India Tax Plan
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Sundaram Diversified Equity Fund
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